Financial Express Ahmedabad - December 26, 2024Add to Favorites

Financial Express Ahmedabad - December 26, 2024Add to Favorites

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In this issue

December 26, 2024

Arunish Chawla named new revenue secy

The government on Wednesday appointed Arunish Chawla as the new revenue secretary, according to a personnel ministry order, reports FE Bureau.

1 min

EY report forecasts 6.5% growth in FY25, FY26

INDIA'S REAL GDP is expected to grow 6.5% in the current as well as the next financial year, according to the EY Economy Watch report.

1 min

Record RE addition of 30 GW, policy push for storage, hybrid energy

India made significant progress in the renewable energy (RE) sector in 2024 with total RE capacity reaching 205.5 gigawatt (GW) as of November in the current fiscal year 2024-25.

4 mins

Experts want PDS food items out of the new inflation series

THE MINISTRY OF statistics & programme implementation (MoSPI) has floated a discussion paper to seek views on the treatment of \"free public distribution system (PDS) items in the Consumer Price Index (CPI) compilation\", as it feels the current mechanism doesn't properly capture the impact of free food distribution on inflation.

2 mins

India Boosts Position in World Market for Copper, Aluminum Wires

IN THE EXPANDING global market for aluminum and copper wires, India has increased its share and ranking among exporters in the past decade, according to data compiled by the commerce ministry.

1 min

Export Duty on Onion to Stay Till Retail Prices Cool

Despite a sharp fall in mandi prices of onions due to arrival of kharif crop, the government is unlikely to remove 20% export duty on the staple vegetable citing higher retail prices.

1 min

Modi Lays Foundation Stone for MP River-Linking Project

PRIME MINISTER NARENDRA MODI on Wednesday accused Congress of ignoring Dr. B.R. Ambedkar's contribution to the development of water resources in the country as he laid the foundation stone of the Ken-Betwa river linking project in Madhya Pradesh.

1 min

Near Congress' Belagavi session, a village walks on Mahatma's path

BELAGAVI WAS BUZZING with activity on Wednesday as the Congress prepared to celebrate the centenary of Mahatma Gandhi's appointment as party president in the city.

3 mins

Need to counter Congress on Ambedkar, BJP tells its allies

TDP SEEKS OPPOSITION-LIKE COORDINATION AT NDA MEET

2 mins

Delhi govt disowns AAP's new schemes; Kejriwal targets BJP

IN AN UNPRECEDENTED move, senior officers in the Delhi government released public notices and disowned the registration process started by chief minister Atishi and her predecessor, Arvind Kejriwal, for two schemes announced by the ruling AAP in the national capital.

1 min

Not bothered, people of Bengal will protect me, says Suvendu

Leader of the opposition

1 min

Synaptics to double workforce in India

NASDAQ-LISTED SEMICONDUCTOR solutions company Synaptics plans to double its workforce in India from 400 to 800 employees over the next two to three years, reinforcing its commitment to wireless and edge AI product development.

1 min

Economics of green hydrogen is very daunting

US-based Dastur Energy, which collaborated with the government on carbon capture, utilisation, and storage, is focusing on industrial decarbonisation, renewable energy integration, and clean fossil fuel utilisation as its key growth areas.

1 min

N Srinivasan Resigns as India Cements MD & CEO

INDIA CEMENTS LIMITED (ICL) on Wednesday announced that its former promoter N Srinivasan has stepped down as the company's managing director and CEO with immediate effect.

1 min

Reverse flipping all set for 'homecoming' rush

However, regulatory hurdles, high costs & tax timelines likely to pose challenges

2 mins

Risk management set to drive Dezerv's 2025 growth story

Dezerv, which largely caters to an affluent section of first-generation wealth creators including founders and C-suite executives, will prioritize risk management next year as markets navigate global uncertainties.

1 min

Ola reaches 4,000-store mark with EV network expansion

OLA ELECTRIC ON Wednesday expanded its network to 4,000 stores across the country, marking one of the fastest rollouts of EV distribution globally.

1 min

Amitava Chatterjee Appointed J&K Bank MD

J&K Bank on Wednesday announced the appointment of Amitava Chatterjee, currently deputy managing director of State Bank of India (SBI), as its new managing director (MD) and CEO.

1 min

Insurance penetration slips below 4% in FY24

AFTER THREE YEARS,

1 min

Recoveries may top FY25 target of ₹5,000 cr

Yes Bank has been able to maintain a deposit growth higher than its credit growth. Do you expect this trend to continue?

1 min

Incremental Gains

Growth in area under green cover is encouraging, but the threat of forest degradation must be averted

2 mins

Gender gaps persist

WOMEN'S ACCESS TO PAID WORK CAN ONLY IMPROVE WHEN THE ECONOMY IS CREATING ADEQUATE JOBS

4 mins

Wegovy & Zepbound's next lap harder than acceptance

THIS TIME LAST year, people were still bickering about whether Novo Nordisk's Wegovy and Eli Lilly & Co.'s Zepbound represented a shortcut to losing weight or a medical breakthrough.

3 mins

Garuda promotes precision agriculture in hinterland

Trains over 500 rural women for agri-related services

1 min

Moving towards an IP-centric economy

A product mindset will help drive business growth

2 mins

'2025 will be the year of small language models'

Mohammed Rafee Tarafdar, chief technology officer (CTO), Infosys, says that in recent times, several small language models for India-specific needs have been launched and with the growing developer base, \"we should see a lot more GenAI applications implemented for Indian and global markets.\"

1 min

Yoon Defies Second Agency Summons Over Martial Law

SOUTH KOREA'S SUSPENDED President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.

1 min

China Avoids Rate Cut to Brace for Future Pressure

CHINA REFRAINED FROM cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.

1 min

Honda-Nissan deal may hold key to fight against BYD

HONDA MOTOR ABSORBING Nissan Motor could give the two struggling Japanese brands the scale they need to take on China's BYD, sales figures released on Wednesday show.

1 min

Azerbaijan Airlines plane crashes in Kazakhstan, many feared dead

AN EMBRAER PASSENGER jet flying from Azerbaijan to Russia crashed near the city of Aktau in Kazakhstan on Wednesday with 62 passengers and five crew on board, Kazakh authorities announced, saying 32 survivors had been rescued.

1 min

The Angry Young Man

impact on auto sector

2 mins

Prosperity through cooperation

WITH RISING DEMAND of premium workspaces, real estate consultant Anarock has said that realty firms are currently developing around 250 lakh square feet of office space across major cities for catering to the requirements of domestic and foreign companies.

4 mins

Prosperity through cooperation

Marking its official launch recently in New Delhi, attended by global leaders and representatives of the United Nations, Prime Minister Narendra Modi highlighted the importance of these grassroots business enterprises, mostly owned by their members, saying cooperatives are the vital cog in India's economic wheels of progress, in delivering benefits to the poor, and that the sector serves as a glue for the Global South.

2 mins

At the G, India up against Head-strong Australia

● In-form batter declared fit for Boxing Day Test

2 mins

Read all stories from Financial Express Ahmedabad

Financial Express Ahmedabad Newspaper Description:

PublisherThe Indian Express Ltd.

CategoryNewspaper

LanguageEnglish

FrequencyDaily

The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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